Poland prices €700 million add on to sovereign at swaps plus 48 bps

By Paul A. Harris and Reshmi Basu

New York, March 11 - Poland priced a €700 million add-on to its 4½% notes due February 2014 at the equivalent spread of mid-swaps plus 48 basis points.

The issue priced at Bunds plus 61.3 bps.

The total size of the sovereign issue is now €3 billion.

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